Aware (NASDAQ:AWRE) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Aware, Inc. (NASDAQ:AWRE)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.02 and traded as low as $1.25. Aware shares last traded at $1.30, with a volume of 4,034 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Aware Price Performance

The company has a market capitalization of $28.08 million, a price-to-earnings ratio of -4.64 and a beta of 0.99. The stock has a 50 day simple moving average of $1.59 and a two-hundred day simple moving average of $2.02.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, March 4th. The software maker reported ($0.07) earnings per share (EPS) for the quarter. Aware had a negative return on equity of 21.19% and a negative net margin of 33.97%.The business had revenue of $4.66 million for the quarter.

Hedge Funds Weigh In On Aware

Several hedge funds have recently added to or reduced their stakes in AWRE. XTX Topco Ltd acquired a new stake in Aware during the fourth quarter worth approximately $30,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Aware in the 3rd quarter valued at $42,000. Goldman Sachs Group Inc. boosted its holdings in shares of Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after buying an additional 14,436 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of Aware in the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC raised its stake in Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after acquiring an additional 10,000 shares in the last quarter. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

About Aware

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.